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Europe’s luxury stocks have room to rise, but becoming costly

By Lucy Raitano LONDON (Reuters) – Europe’s glittering luxury companies, the region’s top stock-market performers in 2023, may see yet more gains driven by a rebound in Chinese spending, but for some the sector is starting to look expensive. The likes of French luxury giant and Louis Vuitton-owner LVMH, and Swiss jewelry company Richemont, have …

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France, Netherlands agree on ways EU could deal with U.S. state aid, Dutch PM says

AMSTERDAM (Reuters) – France and the Netherlands are aligned when it comes to the ways the European Union could deal with the “unintended consequences” of the U.S. Inflation Reduction Act, Dutch Prime Minister Mark Rutte said on Monday after a meeting with French President Emmanuel Macron. “We have agreed to first look closely at the …

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Russian businessman goes on trial on U.S. hack-and-trade charges

By Nate Raymond BOSTON (Reuters) -A Russian businessman with ties to the Kremlin made tens of millions of dollars trading on secret financial information obtained by hackers about multiple companies before it was public, a U.S. prosecutor said Monday at the start of his trial. Vladislav Klyushin, 42, and his associates made nearly $90 million …

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Person arrested after three wounded in knife attack in Brussels

(Reuters) -Belgian police have arrested an attacker who knifed three people in a Brussels metro station on Monday, leaving one with critical injuries, officials said. While the motives of the attacker, a 30-year-old man, remain unclear, police have ruled out a terrorist attack, the prosecutor’s office said, confirming the arrest. A source close to the …

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In UK lawsuit, Hollywood star Eva Green says making ‘B movie’ would ruin career

(Please note strong language in paragraphs 9 and 11) By Michael Holden LONDON (Reuters) – Hollywood actress Eva Green, who is suing financiers for her fee for a failed film in which she was to star, told a London court on Monday she would not make a career-ending “B movie” that she said was cutting …

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Ukraine’s Zelenskiy presses drive to keep Russia out of Paris Olympics

(Reuters) -Ukrainian President Volodymyr Zelenskiy said on Sunday that allowing Russia to compete at the 2024 Paris Games was tantamount to showing that “terror is somehow acceptable”. Zelenskiy said he had sent a letter to French President Emmanuel Macron as part of his campaign to keep Russian athletes out of the Paris Games. “Attempts by …

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Suspect in Spain machete attacks on churches jailed on remand

MADRID (Reuters) – The suspect of machete attacks on two churches in southern Spain last week has been imprisoned on remand, Spain’s High Court ordered on Monday, describing his actions as a “targeted jihadist attack”. Moroccan national Yassin Kanjaa, 25, faces at least one count of “aggravated murder with terrorist intent” and several aggravated bodily …

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Scholz bid to rally Ukraine support in South America falls flat

By Sarah Marsh SANTIAGO (Reuters) -Argentina and Chile’s leaders dialed down hope they might lend more support for Ukraine during German Chancellor Olaf Scholz’s inaugural South America tour, underscoring ongoing differences between the West and its allies in lower-income countries. On the first two legs of his whistle-stop trip, Scholz has sought to stress unity, …

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Zelenskiy visits southern Ukraine, meets Danish prime minister

KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy met Danish Prime Minister Mette Frederiksen in the southern city of Mykolaiv on Monday during a rare visit by a foreign leader to a region close to the war front. Video footage posted online by Zelenskiy’s office showed the president greeting Frederiksen with a handshake on a snowy street …

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Russia warns United States: the end of nuclear arms control may be nigh

By Guy Faulconbridge LONDON (Reuters) -Russia told the United States on Monday that the last remaining pillar of bilateral nuclear arms control could expire in 2026 without a replacement due to what it said were U.S. efforts to inflict “strategic defeat” on Moscow in Ukraine. Both Russia and the United States still have vast arsenals …

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